BNY Mellon Strategic Municipals
LEO
59 hedge funds and large institutions have $41.1M invested in BNY Mellon Strategic Municipals in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 5 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
5% more capital invested
Capital invested by funds: $39.1M → $41.1M (+$2.04M)
0.45% more ownership
Funds ownership: 6.69% → 7.14% (+0.45%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
2% less funds holding
Funds holding: 60 → 59 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.75M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$480K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$186K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$438K |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$263K |
| 3 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
-$219K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$156K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$145K |
LEO Hedge Fund Activity: Q3 2016 in Review
59 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q3 2016, worth a combined $41.1M — up 5.2% from $39.1M a quarter earlier.
Fund positioning in LEO was balanced in Q3 2016: 5 funds opened new positions, 5 closed out, 16 added to existing stakes and 13 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.75M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $438K.
- 59 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q3 2016, down from 60 in Q2 2016.
- Funds reported $41.1M of BNY Mellon Strategic Municipals stock for Q3 2016, up 5.2% quarter-over-quarter.
- 5 funds opened new BNY Mellon Strategic Municipals positions in Q3 2016 and 5 closed out, a net change of 0 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q3 2016 was Guggenheim Capital, an estimated $1.75M added.
- The largest BNY Mellon Strategic Municipals seller in Q3 2016 was Cambridge Investment Research Advisors, an estimated $438K sold.
Based on aggregated 13F filings for Q3 2016.